Australia and Oceania: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Australia and Oceania

The medicaments containing hormones market in Australia and Oceania rose slightly to $X in 2023, with an increase of X% against the previous year. Overall, consumption recorded buoyant growth. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Medicaments Containing Hormones Production in Australia and Oceania

In value terms, medicaments containing hormones production expanded modestly to $X in 2023 estimated in export price. Over the period under review, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Medicaments Containing Hormones Exports

Exports in Australia and Oceania

In 2023, shipments abroad of medicaments containing hormones but not antibiotics increased by X% to X tons, rising for the second year in a row after three years of decline. In general, exports recorded significant growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to see steady growth in years to come.

In value terms, medicaments containing hormones exports shrank to $X in 2023. Over the period under review, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, New Zealand (X tons) was the main exporter of medicaments containing hormones but not antibiotics, mixing up X% of total exports. It was distantly followed by Australia (X tons), constituting a X% share of total exports.

New Zealand was also the fastest-growing in terms of the medicaments containing hormones but not antibiotics exports, with a CAGR of X% from 2012 to 2023. At the same time, Australia (X%) displayed positive paces of growth. New Zealand (X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest medicaments containing hormones supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

New Zealand, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%).

Medicaments Containing Hormones Imports

Imports in Australia and Oceania

In 2023, supplies from abroad of medicaments containing hormones but not antibiotics decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports saw a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, medicaments containing hormones imports fell sharply to $X in 2023. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Palau (X tons) represented the key importer of medicaments containing hormones but not antibiotics, constituting X% of total imports. It was distantly followed by Fiji (X tons), Papua New Guinea (X tons), Samoa (X tons) and Australia (X tons), together making up a X% share of total imports. New Zealand (X kg) and New Caledonia (X kg) took a little share of total imports.

Palau was also the fastest-growing in terms of the medicaments containing hormones but not antibiotics imports, with a CAGR of X% from 2012 to 2023. At the same time, New Caledonia (X%) and Samoa (X%) displayed positive paces of growth. Australia experienced a relatively flat trend pattern. By contrast, Papua New Guinea (X%), Fiji (X%) and New Zealand (X%) illustrated a downward trend over the same period. Palau (X p.p.), Samoa (X p.p.) and Australia (X p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea, New Zealand and Fiji saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest medicaments containing hormones importing markets in Australia and Oceania were Australia ($X), Papua New Guinea ($X) and New Caledonia ($X), together accounting for X% of total imports.

New Caledonia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Caledonia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform